Listing Details : LB-21832

Asking Price 35 Crs
Turnover 1.2 Crs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

Overview

An exceptional investment opportunity awaits in the prime tourist hub of Manali. This 10-year-old, fully operational premium hotel is currently available for sale. Spanning a generous total area of 1,900 sq. yards with an impressive carpet area of 40,000 sq. ft., the structure rises across 5 well-designed floors. The property features 50 spacious rooms and boasts a history of hosting a well-known hospitality brand. Currently, it is leased to a reputable local brand under a 3-year agreement, with one year already completed. The lease structure includes a steady acceleration rate of 5% to 10%, generating a substantial yearly lease amount of ₹1.20 Crores. Designed for high-capacity guest engagement, the property includes a modern conference hall with a seating capacity for 70 people and a popular in-house restaurant accommodating 50 to 60 guests, making it a highly profitable commercial asset.

Year of Establishment

2016

No. of Employees

15

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

Commercial

Describe Property

N.A

Competition / Market

OTHER HOTEL

Products & Services

HOTEL ROOM

Growth Potential

HIGH

Reason For Sale

PERSONAL REASON

Financial Details

Listing Details : LB-21832

Asking Price 35 Crs
Turnover 1.2 Crs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

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